Title: Smart Watch Market
1SMARTWATCH MARKET
Global smartwatch market, size, share, market
intelligence, company profile, market trends,
strategy, analysis, forecast 2017-2022
http//www.omrglobal.com/industry-reports/smartwat
ch-market/
2SMARTWATCH MARKET INSIGHTS
- A smartwatch is a wearable device that offers
various features and benefits to its users and
works - as companion devices with the smartphones. It
requires pairing with the smartphones using - wireless technology such as Bluetooth and NFC.
Smartwatches are widely used in tracking
activities in sports, medical application for
monitoring heart rate and pulse rate.
Furthermore, smartwatches also be used as GPS
devices, fitness tracker and accessing
notification from smartphones. The global
Smartwatches market is anticipated to grow with a
CAGR of 21 during the period 2017-2022. - Increasing internet penetration across the globe,
growing trend of smartphones and growth in IoT - technologies are estimated to be the key
motivators of the market. Moreover, technological
-
advancement,
changing the technological preference of -
young population
and increasing interest of multinational
.
companies in the
smartwatch market are also estimated -
to be the major
factors that are contributing significantly -
towards the growth
of the smartwatch market across the -
globe.
3SMARTWATCH MARKET INSIGHTS
- However, there are certain factors that are
hindering the growth of the market. - Lack of fully developed application system and
limited battery life and limitation - on the size of power source are the major
constraints in the growth of the - Smartwatches market. Besides these constraints,
fall in the price of Smartwatches and
cross-platform are estimated to develop numerous
growth opportunities for - the market during the forecast period.
- Global Smartwatches market is studied in detail
on the basis of critical criteria - such as products, operating systems and
applications. On the basis of the product, the
market is segmented into classic smartwatch,
fitness band smartwatch, and - standalone smartwatch. On the basis of the
operating systems, the market is - bifurcated into android, IOS, windows and others.
And on the basis of the - applications, smartwatch market is segmented into
medical/ health, personal - assistance, sports, wellness and others.
4GEOGRAPHY INSIGHTS
- On the basis of the geography, the smartwatch
market is segmented into North America, Europe, - Asia Pacific and Rest of the World. North America
is estimated to be leading region in the global - smartwatch market owing to the high adoption rate
of smartwatches in the region due to the - presence of health conscious and tech-savvy
population. Further, high purchasing power is
also - estimated to be the major factor driving the
growth of the smartwatches market in North
America - region. The Asia Pacific is estimated to be the
fastest growing region during the forecasted
period, -
increasing
disposable incomes and increasing -
penetration of
internet and smartphones region are -
estimated to be
the major factors that are driving -
the growth of
the market.
5COMPETITIVE INSIGHTS
- Key vendors of the smartwatch market are Alcatel,
Apple Inc., Asus, Casio, - Connected devices Ltd., Fitbit, Fossil, Garmin,
Google inc., LG, Martian watches, - Meta watch Ltd., Motorola, Neptune computer inc.,
Nike, inc., Pebble, Qualcomm - inc., Samsung electronics co. ltd., Sony
Corporation, TAG Heuer, Timex group, - Tissot and so on. In 2017, Apple launched a new
apple series 3 smartwatch - featuring OS4, improved exercise tracking system,
and decent battery life than - series2.
6OMR REPORT COVERS
- Comprehensive research methodology of global
smartwatch market. - This report also includes detailed and extensive
market overview with analyst insights key
market trends. - An exhaustive analysis of macro and micro factors
influencing the market guided by key - recommendations.
- Analysis of regional regulations and other
government policies impacting the global
smartwatch market. - Insights about market determinants which are
stimulating the global smartwatch
market. - Detailed and extensive market segments with
regional distribution of forecasted
revenues - Extensive profiles and recent developments
of market players.
7 Contact US
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